Thanh Binh Phu My Corporation Proposes Implementing Phu My 3 Industrial Zone Project in Can Tho IP with a Scale of 600 – 800ha in Vinh Thanh District.
Mr. Ta Quoc Bao, Deputy General Director of Thanh Binh Phu My Corporation, announced that on August 3, 2023, the company had sent a formal letter to the Standing Committee of the Can Tho Party Committee, the People’s Committee of Can Tho, and the Management Board of Can Tho Export Processing and Industrial Zone Authority, requesting approval for studying the proposal to invest in the Phu My 3 Industrial Zone Project in Can Tho IP, spanning an area of 600 – 800ha in Vinh Thanh District, Can Tho City.
The Deputy Chairman of the Can Tho People’s Committee urgently suggested that Thanh Binh Phu My Corporation formally submit the project proposal in writing to the city’s People’s Committee. This would allow for city-level support in compiling the necessary documents to submit to the Ministry of Planning and Investment, as well as various central ministries and sectors for consideration and presentation to the Government for investment approval.
Once the investment policy is established, the city will assign the investor to develop the 1/2000 scale zoning plan.
The specialized Phu My 3 Industrial Zone is a model industrial park project established under a cooperation and development agreement between Vietnam and Japan since 2011.
With its advantageous geographical location, standardized infrastructure, and management services meeting international standards, coupled with investment incentives and support from the governments of both countries, the Phu My 3 Industrial Zone is an attractive industrial development area for investors.
Currently, Phase 1 of the project covers an area of 375ha and has attracted 39 investment projects, occupying 90% of the area. Phase 2, covering an area of 600ha, is under construction and is expected to be completed by the end of 2023. Of this area, 70% has already been reserved by investors for infrastructure development. A significant portion of the investors, around 70%, come from Japan, with the remainder originating from South Korea, the United States, Germany, Europe, Switzerland, and other countries.
